Takku Ligueye Group
Mrs. Maguette M., at the far right of the photo, waving, is the group's leader. She is a widow, and the mother of 5 dependent children. She is a retailer, selling various products such as fabric, kitchen wares and fruit juice. With her new loan, she will buy merchandise for a total of 300,000 CFA francs and the remaining 100,000 CFA francs will be used to make fruit juice. With the profit, she will be able to pay for food, healthcare and schooling for her children.
Madame MAGUETTE M. à l'extrême droite sur la photo et levant la main, est responsable du groupe. Elle est âgée de 53 ans. Elle est veuve et mère de 05 enfants en charge.
Elle est commerçante, elle vend des marchandises diverses telles des tissus des vaisselles et des jus de fruits.
Avec son nouveau prêt elle va acheter de la marchandise pour un montant de 300.000 francs CFA et les 100.000 autres milles francs seront destinés a la fabrique des jus de fruits.
Ses bénéfices lui permettrons de prendre en charge la nourriture, la santé et la scolarité de ses enfants.
About CAURIE Micro FinanceThe mission of CAURIE Micro Finance is to contribute sustainably and to offer microfinance services adapted to impoverished micro-entrepreneurs, primarily women, based on the principles of ‘credit for the poor’ and on microfinance best practices, all while investing in order to become financially independent.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.
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Success!! The loan was 100% repaid